Compare 1996 Hyundai Sonata Insurance Quotes

Searching for lower car insurance rates for your Hyundai Sonata? Did you fall for a flashy sales pitch and buy overpriced car insurance? Believe me when I say there are lots of people in the same boat. Numerous car insurance companies battle to insure your vehicles, and it can be difficult to compare rates to find the best rate

Lesser-known factors impacting Hyundai Sonata insurance rates

It’s important that you understand some of the elements that come into play when calculating the price you pay for car insurance. Knowing what determines base rates empowers consumers to make smart changes that may reward you with lower car insurance prices.

The list below includes some of the items used by your company to calculate rates.

  • How many coverages with the same company – Some car insurance companies give discounts to customers who buy several policies from them. It’s known as a multi-policy discount. This can amount to ten or even up to twenty percent in some cases. Even if you’re getting this discount it’s in your best interest to compare rates to confirm you are receiving the best rates possible. Drivers may still find better rates by insuring with multiple companies.
  • Increase deductibles and save – The deductibles define the amount you are required to spend before your car insurance pays a claim. Coverage for physical damage, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. Examples of covered claims could be running into the backend of another car, damage caused by hail, and burglary. The higher the amount you’re willing to pay, the less your company will charge you for insurance on Sonata insurance.
  • Pay less if you’re married – Having a wife or husband can get you a discount when buying car insurance. Having a significant other means you’re more mature and responsible it has been statistically shown that drivers who are married are more cautious.
  • Proper usage rating affects rates – The more you drive each year the higher your rates will be. Almost all companies apply a rate based upon how you use the vehicle. Vehicles that are left in the garage can get a lower rate as compared to vehicles used primarily for driving to work. Improper usage on your Sonata may be wasting your money. Verify your car insurance policy is showing the correct driver usage, because it can save money.
  • Where you live can impact rates – Living in a rural area can save you money when talking about car insurance. Urban drivers have traffic congestion and much longer commute distances. Fewer people means fewer accidents and also fewer theft and vandalism claims.
  • Do men or women drive better? – Statistics show that women are safer drivers than men. However, don’t assume that women are better drivers. They both are in accidents in similar percentages, but the men cause more damage and cost insurance companies more money. Men also statistically receive more costly citations such as reckless driving.

Discounts mean cheaper Hyundai Sonata insurance rates

Companies offering auto insurance do not list every discount in a way that’s easy to find, so we took the time to find both well-publicized and the harder-to-find ways to save on insurance. If you aren’t receiving every discount possible, you’re just leaving money on the table.

  • Military Rewards – Having a deployed family member may qualify for rate reductions.
  • Paperless Signup – A handful of insurance companies will give a small break for buying a policy and signing up on their website.
  • Life Insurance – Companies who offer life insurance give a break if you buy life insurance.
  • Payment Method – If paying your policy premium upfront instead of making monthly payments you may reduce your total bill.
  • Multi-policy Discount – If you have multiple policies with one company you may save approximately 10% to 15%.

Consumers should know that some of the credits will not apply the the whole policy. Most only apply to individual premiums such as medical payments or collision. Even though it may seem like having all the discounts means you get insurance for free, it doesn’t quite work that way.

For a list of providers with the best insurance discounts, click here.

Buyer beware of car insurance advertising tricks

Consumers get pounded daily by advertisements for the lowest price auto insurance by Geico, State Farm and Progressive. All the companies make an identical promise that you can save if you change to their company.

How can each company claim to save you money? It’s all in the numbers.

Insurance companies have a preferred profile for the type of driver they prefer to insure. For instance, a preferred risk could be over the age of 50, is a homeowner, and has a high credit rating. A driver who meets those qualifications will qualify for the lowest rates and as a result will probably save quite a bit of money when switching.

Potential insureds who don’t meet these standards will have to pay a more expensive rate which usually ends up with the driver buying from a lower-cost company. The ad wording is “customers that switch” not “everybody who quotes” save that much money. That’s why insurance companies can confidently make the claims of big savings. Because of the profiling, drivers should get as many comparisons as possible. It’s impossible to know which car insurance company will give you the biggest savings on Hyundai Sonata insurance.

Tailor your coverage to you

When choosing proper insurance coverage for your personal vehicles, there really is no one size fits all plan. Each situation is unique so this has to be addressed. For example, these questions can aid in determining if you would benefit from professional advice.

  • Do I have coverage when making deliveries for my home business?
  • Is business property covered if stolen from my car?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Can I afford to pay high deductible claims out of pocket?
  • Should I get collision insurance on every vehicle?
  • Is my state a no-fault state?
  • What if I owe more than I can insure my car for?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to an insurance agent. To find lower rates from a local agent, simply complete this short form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and can provide invaluable advice.

Auto insurance coverage information

Having a good grasp of your policy aids in choosing appropriate coverage and proper limits and deductibles. The terms used in a policy can be confusing and coverage can change by endorsement. These are typical coverage types available from insurance companies.

Collision coverages – Collision coverage covers damage to your Sonata resulting from colliding with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for things such as rolling your car, crashing into a ditch, damaging your car on a curb, colliding with another moving vehicle and sustaining damage from a pot hole. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible to save money on collision insurance.

Insurance for medical payments – Coverage for medical payments and/or PIP kick in for short-term medical expenses for things like hospital visits, nursing services, dental work, pain medications and surgery. They can be used in conjunction with a health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. PIP coverage is not available in all states and may carry a deductible

Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage provides protection when other motorists either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and also any damage incurred to your 1996 Hyundai Sonata.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important.

Comprehensive coverage (or Other than Collision) – This covers damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as rock chips in glass, a tree branch falling on your vehicle and damage from flooding. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Liability car insurance – Liability coverage will cover damage or injury you incur to other people or property. It protects YOU from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 50/100/50 which stand for a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property.

Liability coverage pays for claims like repair bills for other people’s vehicles, repair costs for stationary objects and court costs. How much liability coverage do you need? That is up to you, but consider buying higher limits if possible.

Be a smart shopper

You just learned some good ideas how you can get a better price on 1996 Hyundai Sonata insurance. It’s most important to understand that the more rate comparisons you have, the better your chances of lowering your rates. You may be surprised to find that the biggest savings come from a small mutual company. Regional companies may often insure only within specific states and give getter rates as compared to the big name companies such as State Farm and Allstate.

When shopping online for insurance coverage, it’s a bad idea to sacrifice coverage to reduce premiums. There are a lot of situations where drivers have reduced uninsured motorist or liability limits only to discover later that they should have had better coverage. Your goal should be to purchase a proper amount of coverage at a price you can afford while still protecting your assets.

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